Bitcoin Price Prediction: As Former Goldman Sachs Exec Predicts Massive BTC Surge, This PEPE 2.0 ICO Rockets Towards $15 Million
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The
Bitcoin
price
edged
up
by
a
fraction
of
a
percent
in
the
last
24
hours
to
trade
at
$63,448
as
of
03:20
a.m.
EST
on
trading
volume
that
skyrocketed
94%
to
$29.75
billion.
This
comes
as
macro
economist
Raoul
Pal
says
that
Bitcoin
is
preparing
for
a
price
explosion.
In
a
video
posted
on
Real
Vision’s
YouTube
channel,
the
former
Goldman
Sachs
executive
says
BTC
tends
to
move
in
sync
with
global
liquidity
cycles.
Pal
shared
a
graph
suggesting
that
global
liquidity
will
increase
in
the
next
three
months,
and
that
BTC
could
soar
beyond
$200k.
“This
is
definitely
a
beautiful
graph,”
he
said.
“It
contains
both
private
and
public
sector
liquidity
from
major
global
economies
in
the
GMI
(Global
Macro
Investor)
global
weekly
liquidity
index.
I
think
it’s
perfect.
Bitcoin
has
been
tracking
this
ten
weeks
in
advance.”
Bitcoin
Price
Could
Continue
Soaring
The
Bitcoin
price
has
been
on
a
sustained
bullish
stance
from
September
6,
trading
within
the
rising
channel
pattern,
from
the
$53,200
support
zone,
according
to
data
from
GeckoTerminal.
The
recent
continued
uptrend
has
driven
the
price
of
Bitcoin
to
trade
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
a
confirmation
of
the
bullish
rally.
If
the
bulls
sustain
the
current
trend,
the
Bitcoin
price
may
soar
even
further,
as
they
currently
target
$72,000.
However,
the
Relative
Strength
Index
(RSI)
seems
to
be
dropping
from
the
70-overbought
region,
currently
at
59,
an
indication
that
BTC
is
currently
on
the
verge
of
experiencing
some
bearish
sentiments.
If
the
bears
take
control
of
the
price,
the
pressure
may
drive
the
price
of
Bitcoin
below
the
lower
boundary
of
the
rising
channel,
with
$61,294
and
$59,440
(50-day
and
200-day
SMAs)
acting
as
the
immediate
support
levels.
Meanwhile,
investors
are
rushing
to
buy
a
new
Pepe
alternative
called
Pepe
Unchained
(PEPU),
which
is
soaring
toward
$15
million
in
funds
raised,
making
it
one
of
the
most
successful
presales
of
the
year.
According
to
99Bitcoins,
a
prominent
crypto
analyst
on
YouTube
with
over
706K
subscribers,
$PEPU
has
the
potential
to
soar
100X
after
launch.
Pepe
Unchained
Presale
Surges
Past
$14.7
Million
Pepe’s
latest
and
most
badass
version,
complete
with
its
own
Layer
2
chain
on
Ethereum,
has
now
amassed
over
$14.7
million
in
its
presale.
Much
of
the
recent
influx
of
capital
came
after
Pepe
Unchained
announced
developer
grants
for
builders
looking
to
expand
its
L2
ecosystem.
Pepe
Unchained
—
Groundbreaking
Layer
2
Blockchain
technology.Welcome
to
the
future
of
meme
coins.
????
pic.twitter.com/iC9b6YSynT—
Pepe
Unchained
(@pepe_unchained)
September
6,
2024
The
OG
Pepe
token
was
built
on
the
Ethereum
blockchain
and
has
long
been
confined
by
its
Layer-1
technology,
which
is
highly
characterized
by
network
delays
and
rising
gas
fees.
Pepe
Unchained
is
a
token
that
is
based
on
PEPE
devising
a
plan
to
break
free
from
his
chains
and
embrace
the
future
with
Pepe
Unchained.
With
the
new
ICO,
Pepe
Unchained
leverages
Layer
2
blockchain
technology
to
take
the
project
into
the
future
”unchained.”
The
project
is
thus
set
to
tackle
the
scalability,
speed,
and
efficiency
issues
that
often
plague
meme
coins
built
on
Layer-1
blockchains
like
Ethereum.
Token
holders
can
earn
passively
through
the
platform’s
staking
system,
which
offers
142%
in
annual
rewards.
You
can
buy
$PEPU
tokens
for
$0.00983
each
currently.
With
a
price
hike
coming
in
less
than
11
hours,
buy
soon
for
the
best
deal.
To
join
the
presale,
buy
$PEPU
from
the
official
website
here
using
ETH,
USDT,
or
a
bank
card.
Related
News
Most
Searched
Crypto
Launch
–
Pepe
Unchained
-
Layer
2
Meme
Coin
Ecosystem -
Featured
in
Cointelegraph -
SolidProof
&
Coinsult
Audited -
Staking
Rewards
–
pepeunchained.com -
$10+
Million
Raised
at
ICO
–
Ends
Soon
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